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I’ve been doing some digging into the changes that are being made to the HMO licensing regulations and this is going to affect a lot of people. Essentially, from the 1st October, if you have 5+ people in your property from 2 or more households, you willl need an HMO license, regardless of the number of floors (previously it needed to have 3 floors to qualify). So anyone with a 3-4 bed house that has been converted into 5 rooms will be affected, and so will anyone who has tenants sharing a double room with their partner (example: if you have a 4 bed and the partner of one tenant mov -
Hi everybody and a big hello from Paris! I recently joined the world of property investment. The advantage of being "green" is that I don't have any bad habits to unlearn and I am 200% teachable. I have decided to jump straight into HMOs and multilets, my target areas are quite vast: South Wales, Wiltshire, Nottingham, Manchester, Liverpool and Hull (for now!). I am looking into a property in Wales and it is stated that the Leasehold tenure is "99 years from 4 April 2003". My question is: using that information, how do I calculate how many years are left on the lease? From what I understood i